Examples of Federal Reserve Act in a sentence

In the event that this collateral is insufficient, the Federal Reserve Act provides that Federal Reserve notes become a first and paramount lien on all the assets of the Reserve Banks.
The Board of Governors, an independent federal agency, is charged by the Federal Reserve Act with a number of specific duties, including general supervision over the Reserve Banks.
The Federal Reserve Act specifies the composition of the board of directors for each of the Reserve Banks.
The Federal Reserve Act requires that each member bank subscribe to the capital stock of the Reserve Bank in an amount equal to 6 percent of the capital and surplus of the member bank.
In accordance with the Federal Reserve Act, supervision and control of the Bank is exercised by a board of directors.

More Definitions of Federal Reserve Act

Federal Reserve Act means the Act of Congress approved December 23, 1913 (38 Stat. 251), as amended.

Federal Reserve Act means the United States Federal Reserve Act of 1913, as amended and in effect from time to time.

Federal Reserve Act means the Act of Congress approved December 23, 1913 (38 Stat.

Federal Reserve Act means and includes the act of congress of the United States approved December 23, 1913, as amended.

Federal Reserve Act means the Act of Congress approved

Federal Reserve Act means Public Law 63-43, 12 U.S.C. § 221 et seq., as amended, and any regulations promulgated thereunder.

Federal Reserve Act means 12 U.S.C. 601 et seq. and 611 et seq., as amended.